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Coronado Resources Ltd. (CRD:TSX-V) is a Canadian based exploration and development mining company that is focused on its 100% owned Madison gold/copper property in Montana, USA. Coronado is presently producing both high-grade gold and high-grade copper and since mid-2008, has shipped a total of 1,792 contained ounces of gold and 1,362,063 pounds of copper.
Coronado is expected to show improved financial performance going forward as monthly shipments are increased and the price of both gold and copper have recently shown significant improvement. Coronado presently has a market cap of only $6.4 million. The company is not well known at this time, but an increasing focus on investor communication, continued shipments of copper and gold, new drilling plans, and an improving balance sheet will bring in the usual excitement and news flow that the analysts/media and investment community are generally looking for.
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